Hi guys,
First time on and would appreciate any advice on how to get started in property investing. My current status is selling home on north coast NSW due to breakup. Will end up with approx. $60k. No other debt with an income of $52k gross. How can I start making my income work for me????. I am pretty handy at small reno jobs but have little time as I work full time. Any advice greatly appreciated.[strum]
Buy Steves book $1000000 in property in one year.
Got me motivated and looking and finding deals.“Ya cant trust a pig with watermelon ya know!”
A couple of available options are to buy another owner occupied or to split the money you have and buy a couple of investments. There is not really enough information provided, as investment properties can range from $70 k or less and upwards.
Wayne
Mortgage Adviser
Email [email protected]
http://www.alphamortgagesolutions.com.au
Refinace, Loan Consolidation, Owner Occupied or Investment Finance. Free Service we come to you!Hi there,
I personally would buy a property in need of TLC on a long settlement with potential to increase in capital over a short period of time, do a cosmetic reno and get out in time to make a handy profit if possible shortly after settlement. Not the ideal time in the market for this strategy, but there are still loads of opportunities out there. Good luck!
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